According to Karl Marx, Which of the Following Is True

question 29

Multiple Choice

According to Karl Marx, which of the following is true of a commodity? Select all, but only those that apply.

• A) have use value
• B) have exchange value
• C) are produced with human labor
• D) fill a human need or desire

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Definitions:

Obligor

An individual or entity legally bound to provide a benefit or payment to another in accordance with a contract or legal agreement.

Materially Increase

Refers to a significant rise in the size, amount, or extent of something, often in a contractual or financial context.

Setoff

is a legal mechanism allowing a debtor to reduce the amount they owe to a creditor by any sum the creditor owes to them.

Obligor

An individual or entity that is legally or contractually bound to provide something to another party, the obligee.